Singapore

Financial transactions grew by 40% in Q1: OCBC

Customer usage of digital banking services increased.

Financial transactions grew by 40% in Q1: OCBC

Customer usage of digital banking services increased.

Sensorflow bags $11.83m in series A+ funding

Funds will be used in developing solutions for HVAC systems.

Vision Consulting enters into Covid-19 solutions business

Firms says new product lines will address a range of medical needs.

Opening the door to better digital banking experiences for Singapore's customers

The five new virtual banking licenses that the Monetary Authority of Singapore (MAS) intends to award this year promise to contribute significant enhancements to customers’ experiences with the country’s financial institutions. The companies that secure the licenses will likely introduce new services to spur fintech innovation from traditional banks and help small and medium sized enterprises (SMEs) reach previously unbanked consumers across Southeast Asia.

FCT's NPI down 1.3% to $35.96m in Q2

Growth in property expense outpaced revenue growth during the quarter.

Interest in remote working soared nearly 15,000%

Key tech trends identified across articles in Singapore media.

ST Engineering subsidiary to issue $1.07b notes on 29 April

The notes will be issued under the $5b medium-term note programme.

Sino-Singapore Tianjin Eco-City land plot sold for $236.4m

Sunac China Holdings won the bid through Tianjin Sunac Real Estate.

China's Sinopec in talks to buy stake in Hin Leong's terminal

The sale could provide much needed cash for the family-owned oil giant.

Big three banks' $871.5m Hin Leong exposure adds to loan pressures

More than 17,000 mortgagees have applied to defer their mortgage payments.

Daily Markets Briefing: STI down 0.07%

SGX led the gains amongst top active stocks with a 1.21% expansion.

Chart of the Day: 400,000 sqft of retail property supply set for 2020

Most of the upcoming supply will be located in the city fringe.

Keppel-led consortium nabs $1.5b contract for Tuas Nexus waste management facility

They will build waste-to-energy and materials recovery facilities.

SGX RegCo grants extensions to release full year unaudited results

The revised circuit breaker period will affect issuers whose full-year ended before it.

Suburban prime retail rents rose 0.3% in Q1

Travel bans and circuit breaker measures could further affect retail.